Retail news round-up: Jones Bootmaker's deal with Endless collapses, Ted Baker launches golf-inspired menswear and Sports Direct's employment agency to face MPs
Jones Bootmaker deal with private equity firm collapses
Jones Bootmaker may enter into administration with 1,100 jobs at risk, as a deal with a private equity firm collapsed, The Guardian reported.
The potential rescue deal with Endless has broken as Alteri wanted £1m more than the £10m offered.
Alteri is now hoping to seal an offer for Jones from Pavers, a York-based footwear specialist.
Ted Baker launches new menswear range
Ted Baker is set to launch a golf-inspired menswear range today, The Times reported.
The new range will be available online and in specialist golf retailers, combining technical fabrics with fashionable styling.
Ted Baker’s founder Ray Kelvin said: “There are everyday guys playing golf who want to have a drink afterwards and feel good about what they are wearing.”
"But when you think of golf you tend to think of old generals smoking pipes and cigars so we are going to save people from that.”
Sports Direct’s employment agency to face MPs
Sports Direct’s employment agency Transline is set to be questioned by a parliamentary committee, The Times reported.
The Business, Energy and Industrial Strategy Committee will question financial director Jennifer Hardy about the use of agency workers.
Ms Hardy will appear with Steve Turner, Unite’s assistant general secretary, Tim Roache, GMB’s general secretary, and Lindsay Judge from the Resolution Foundation.
Unite will update MPs on the terms and conditions of agency workers at Sports Direct’s Shirebrook facility in Derbyshire.